Chinese GAC and Turkish EV Maker TOGG Discuss Joint Electric Vehicle Venture

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TURKEY-INDUSTRY-AUTOMOTIVE-TOGG-T10X
A detailed view of a TOGG T10X V2 model manufactured by Turkey's Automobile Joint Venture Group Inc. (TOGG) during Prosumer Expo at the ATO Congresium Convention and Exhibition Centre in Ankara, Turkey on May 24, 2024. ALTAN GOCHER/Hans Lucas/AFP via Getty Images

Chinese automaker Guangzhou Automobile Group (GAC) is actively engaged in discussions with Turkey's electric vehicle (EV) manufacturer TOGG regarding a potential collaboration for joint production ventures, according to a Deputy Chairman of Turkey's ruling AK Party, as shared by Reuters.

Deputy Chairman Sirakaya disclosed that senior executives from GAC are scheduled to visit TOGG in Turkey later this month. He emphasized that these negotiations indicate a mutual interest in exploring strategic partnerships in the EV sector.

TOGG, Turkey's pioneering electric vehicle manufacturer, has sought international collaborations to boost its EV production capabilities. The potential partnership with GAC could leverage Turkey's strategic location, manufacturing expertise, and China's advanced automotive technology and market influence.

Chinese Electric Vehicle Sector

Turkey's TOGG and China's GAC talks signal a major step towards the first bilateral automotive cooperation between the countries, especially since China has been spending hundreds of billions on its EV industry, according to VCPost.

Currently, China is leaving a massive influence in Asia despite facing tariffs from Western countries. Recently, China's BYD opened an EV factory in Thailand and has been surpassing European competitors in performance.

GAC executives' visit to TOGG later this month could potentially pave the way for collaborative ventures that would impact the EV market dynamics of China and Turkey.

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China, Turkey

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